Hello dear traders, On H4 TF we have high probability of new RANGE MOVEMENT, which means for us lots of profit. New manipulations, new stops to gather liquidity and untouched DAY LOW. In my opinion its the best scenario for us, since we can get much more profit from lower point. So critical level for EU is 1.11000
As you see on the chart H4 above, this pair still bullish projection...........
The announcement of the Federal Open Market Committee (FOMC) Fed meeting results was the main event. As we expected parameters of monetary policy were left unchanged. As for the comments, the Fed has been extremely positive about what is happening in the US economy recently. At the same time, the Central Bank noted weak inflation indicators, which were perceived...
Last week was marked by a significant strengthening of the dollar growth. We noted that one of the reasons was the expectation of good data on US GDP last Friday. Preliminary data for the first quarter appeared much higher than analysts' forecasts: + 3.2% y / y, when the forecast was expected as + 2.3%. But the most interesting thing that happened after the...
Hello dear traders and investors, As we can see EURUSD still going in range, but the phase moved down to DAY LOWs. On H4 we had a nice bearish movement towards DAY lows and provocating people to open short trades. Market Maker defended price at 1.13200 where majority of traders saw a classic Bullish Price Action Pattern (Cup with a Handle). In fact all of...
Price has broken through the yearly highs, & has broken the range that price has been trapped in on the daily timeframe. Will be watching price for a pullback to retest the broken range as new support for the dollar to look to create a new high in the upcoming weeks..
As you see on the chart H4 above, this pair can be rebound after finish wave 3.......
We have now made a lower low on the 4hr chart so a retracement at some point soon is possible... over sold on 1hr and 4hr timeframes and possible support at fib level. whats your thoughts please let me know what you think
As you see on the chart H4 above, this pair will going down after break down level wave 4
Morning guys, Here we come again with extraodinary forecast, as usual. We update our long-term view on DAX 30 Index. Our last year suggestion was a large H&S pattern. But it had one weak moment - Dow Jones has not completed all time extension target, while all other major indexes, such as DAX, NASDAQ already have done it. We've made a forecast on DJIA few...
In general, the previous week was relatively calm. As a result, the volatility index of exchange rates, which is calculated by the investment bank JP Morgan, fell to its new minimum since 2014. For instance EURUSD. Since the beginning of 2019(that is already 3.5 months), it has been fluctuating in a range of width less than 400 points (such a range a pair could...
As you see on the chart H4 above, EUR USD still on the track inside the bullish channel until wave 5......
Wednesday promises to be a difficult day for the euro and the pound. There are two extremely important events will take place today: the ECB meeting and emergency summit of EU leaders to consider UK request for further extension until 30 June, with the option of an earlier Brexit day if a deal can be agreed. Let's start with the ECB meeting. Surprises are not...
April 12, 2019 is the official Brexit date. There are two options: leaving without a deal (both are afraid of it, Britain and the EU, therefore, we regard this outcome as highly unlikely) or a delay. In our opinion, the second option is alternative. It is all about the terms. The EU summit will show whether it takes a year, as the EU wants, or a couple of months,...